MEPs continue crackdown on tax avoidance
MEPs have taken EU finance ministers to task over their decision to remove eight countries from the tax haven blacklist…
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Qatar weighs proposal on combining three banks
Qatar Central Bank is evaluating a proposal on the three-way combination of Masraf Al Rayan QSC, Barwa Bank QSC and…
Al Baraka Banking Group announces the appointment of a new CEO of Al Baraka Bank Pakistan
The Board of Directors of Al Baraka Bank (Pakistan) Limited and Al Baraka Banking Group B.S.C (ABG) have approved the…
Bank of New York Mellon Corp plans to set up Saudi office: sources
Bank of New York Mellon Corp plans to establish an office in Saudi Arabia as early as the second quarter…
UAE Cybersecurity Firm Doubles Revenue to $400 Million
DarkMatter, a three year-old United Arab Emirates-based cybersecurity firm, has more than doubled revenue last year to over $400 million.…
Exclusive Interview: EBRD to invest at least €1B in Egypt in 2018
Thanks to the bold economic reform program launched by the authorities in November 2016, the European Bank for Reconstruction and…
Lawyers welcome draft UAE arbitration law as a boost for investors
Lawyers have welcomed the UAE’s approval of a draft law on arbitration, a fast-growing method of settling disputes out of…
As demand for superyachts wanes, customers turn to trusted yards
What do millennials and ultra-high net worth individuals from the Asia-Pacific region have in common? Not much, but a…
Gulf bond issuance rockets to nearly $17bn so far in 2018
Borrowers in the Gulf, where most currencies are pegged to the dollar, are racing to beat an increase in US…
Commercial Bank hosts Moroccan business delegation
Commercial Bank recently organised a ‘VIP business dinner’ for a visiting delegation of senior businessmen from Morocco under the Association…
Outlook on lagging UAE indices still positive
The outlook on UAE indices is still positive even as the benchmark has lagged in terms of performance compared to…
Qatar banking sector stays resilient: Sheikh Hamad
The resilience of Qatar’s banking sector was demonstrated by the financial results of the country’s banks including Al Khaliji, said…